My client are a global professional services organisation. They are recruiting this role on a permanent basis into their vibrant and expanding finance function, I have worked with this organisation for a number of years and they have an excellent culture with fantastic scope for development and progression within the business.
Duties will include:
- Understand, manage, and supervise all aspects of the daily, monthly and 3-monthly regional cash flow.
- Forecast daily cash requirements and execute daily financing decisions.
- Determine the Company's goals and risk tolerance.
- Prepare and monitor the company's various cash flow forecasts and perform financial modeling.
- Evaluate, develop and implement cash management systems to optimize efficiencies.
- Understand and manage appropriate accounting procedures and processes.
- Manage relationships with financial service providers.
- Expert knowledge of foreign exchange, currency restrictions and operational payment deadlines across multiple countries.
- Monitor bank service fees and address quality issues.
- Conduct benchmark studies of banks and their services to evaluate whether they fit requirements.
- Manage, direct, and develop Cash Management staff.
- Recommend, implement and maintain process improvements.
- Reduce fraud risk by implementing group controls.
- Additional duties as directed by RFD.
Key Responsibilities for the role are:
- Utilise group cash forecasting methods to manage regional cash needs. (STCF's)
- Work closely with heads of payroll, billing and cash collections across the region to manage the cash requirements of the region.
- Optimise the use of cash across the region, keeping cash balances as low as possible.
- Work closely with central functions to ensure accurate and timely forecast information is available at all times.
- Be the main point of contact for regional banking arrangements. Minimise expenditure and optimize the use of regional borrowing facilities.
- Ensure the accurate and timely recording and reporting of regional cash.
This role will suit a seasoned treasury professional with experience in management as well as all technical treasury knowledge. The salary is paying up to £65,000 dependant on experience with a discretionary bonus, hybrid working, generous holidays and staff incentives.
